Upon being assigned NCUA as the agency I was to review and evaluate to determine and recommend how it could operate more efficiently and effectively while implementing the regulatory improvement goals of the Trump Administration, I prepared a work plan to use in my approach.
THE 'tude
It is the envy of the entire world. It has endured for more than 220 years and is an event fascinating to watch.
What is a credit union’s greatest relationship builder, but is also the most forgotten and least-optimized asset? If you guessed credit card accounts, you guessed right.
I’d like to say it’s just that as I’ve gotten older I’ve become a curmudgeon, but as I’ve been reminded by a number of people who knew me when I was younger and who seemed all too happy to chime in on this issue, apparently it’s not a newly diagnosed condition.
When asked what takes up most of their time nowadays, many credit union CFOs might say, “Managing more comprehensive risk-management procedures.”
Social Finance Inc., the marketplace lender known as SoFi, has been in the news twice this week. On Feb. 1st, Bloomberg reported that SoFi acquired Zenbanx’s technology for $100 million in stock.
A credit card portfolio can be a community financial institution’s most profitable product.
In reading your piece “NCUA: Trump Reg Freeze Does Not Apply To Agency” earlier this week, I feel compelled to clear up a misconception that the Dodd-Frank Act is responsible for the approximately 20% decline of the number of credit unions over the previous five years.
Hiring good help shouldn’t be difficult.
Making the decision to outsource some or all of your financial institution's collections work is no easy task.